Lead Compliance Officer (Consumer Lending)

TEKsystems
$63.00 / hr
life insurance, sick time, 401(k), retirement plan
United States, North Carolina, Charlotte
Nov 07, 2024
About this role: * Lead Compliance Officers will support Auto Lending with the execution of RCSA refreshes and ensuring compliance requirements are aligned correctly to controls. * Leads will be aligned to specific processes/Risk Assessable Units (RAUs) and be expected to provide review, guidance, challenge and decisions on the day-to-day activities occurring within the processes. As such, experienced resources will be needed to ensure they are able to provide thorough documentation while interacting with senior business leaders to get the information they need to fully understand potential downstream compliance impacts/risks. * Leads will need to have a financial services experience and familiarity with associated regulations so they can identify and utilize internal resources (e.g. policies, procedures) and external resources (e.g. regulatory citations, CFPB circulars) to ground compliance opinions and decisions. * Leads will also need to have risk and control experience so they are able to tie compliance requirements to industry standard mitigation mechanisms and understand how the components of the Risk Control Self-Assessment (RCSA) interlock with each other. In this role, you will: * Partner with Auto Business Aligned Compliance team to provide oversight and governance of business group risk-based compliance programs. * Maintain compliance risk expertise for projects and initiatives. * Maintain risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and Corporate Policy requirements. * Oversee the Front Line's execution and challenges appropriately on compliance related decisions. * Provide independent credible challenge to standards with subject matter expertise. * Provide direction to the business on developing corrective action plans and effectively managing regulatory change. * Report findings and make recommendations to management. * Identify and recommend opportunities for process improvement and risk control development. * Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements. * Monitor the reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding compliance risk management. * Oversee the Front Line's execution and challenges appropriately on compliance related decisions. * Make decisions and resolve issues to meet business objectives. * Interpret policies, procedures, and compliance requirements. * Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals. * Work with complex business units, rules, and regulations on moderate to high-risk compliance matters. * Interface with Audit, Legal, and other risk teams on risk related topics. Required Qualifications: * 5+ years of regulatory compliance experience. * Significant experience with consumer lending compliance, including applicable rules and regulations (e.g. FDCPA, FCRA, UDAAP) * Prior experience executing Risk Control Self-Assessments (RCSA) exhibiting proficiency and knowledge of the Risk Control Self-Assessment (RCSA) process. * Experience completing risk assessments for consumer lending compliance functions. Desired Qualifications: * Experience and understanding of auto lending, specifically in operations, including servicing and collections. * Ability to identify and effectively communicate any challenge any risk in auto lending business and processes. * Excellent verbal, written, and interpersonal communication skills. * CRCM certification, or other legal (JD Paralegal degree), compliance, and/or auditor designation. * Knowledge and understanding of non-real estate consumer lending products and related compliance requirements. * Strong analytical skills with high attention to detail and accuracy. * Ability to interact with all levels of an organization, in a complex matrixed environment. * Ability to articulate complex concepts in a clear manner. * Ability to negotiate, influence, and collaborate to build successful relationships. * Ability to exercise independent judgment and creative problem-solving techniques. * Experience working with examiners and internal auditors. * Advanced Microsoft Office skills. Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: * Medical, dental & vision * Critical Illness, Accident, and Hospital * 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available * Life Insurance (Voluntary Life & AD&D for the employee and dependents) * Short and long-term disability * Health Spending Account (HSA) * Transportation benefits * Employee Assistance Program * Time Off/Leave (PTO, Vacation or Sick Leave) About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.